Question
Assertion (A): Operating Surplus does not arise in the general government sector.
Reason (R): General Government produces goods and services with the aim of earning profit without any intention of social welfare.
Alternatives:
a) Both Assertion and Reason are true and Reason (R) is the correct explanation of Assertion (A)
b) Both Assertion and Reason are true and Reason (R) is not the correct explanation of Assertion (A)
c) Assertion (A) is True but Reason (R) is False
d) Assertion (A) is False but Reason (R) is True

Answer

c)

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